AFP Photo / Joel Saget

In the coming months Facebook users may start to see advertisements with an eerie similarity to their spending habits. The social media giant has announced new partnerships with companies that collect a variety of data on people through their purchases.

Now, experts suggest, Facebook is using its Internet dominance to tailor direct, personal ads on behalf of major companies – a strategy that has sales teams excited and privacy advocates concerned.

Chief among Facebook’s new allies is Datalogix, which purportedly has access to information on more than 100 million Americans. Datalogix’ website states that the company has data on “almost every US household and more than $1 trillion in consumer transactions” in fields ranging from college tuition to over-the-counter medication.

Acxiom, another new partner, scours data from court records, financial service companies and government documents. Last year The New York Times reported that both companies were under investigation by the Federal Trade Commission, which sought to identify how Acxiom and Datalogix found and used customer data.

Continue reading at:  http://endthelie.com/2013/03/26/facebook-using-offline-purchase-his...

Tags: Facebook, advertisements, history, purchase

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